PUCSL likely to go against the govt. and provide relief to consumers

It is reported that the Public Utilities Commission of Sri Lanka has decided to declare that electricity bills can be reduced, challenging the government’s decision not to reduce electricity tariffs.

The PUCSL’s decision is likely to be announced today (17).

Sri Lanka’s electricity regulator has taken the stance that electricity bills can be reduced relatively to the current low cost of electricity generation.

Meanwhile, analysts say that Energy Minister Kumara Jayakody’s recent declaration in Parliament that tariff revision wouldn’t be implemented for a period of three years had no legal validity.

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